Scottrade
You know, they have low commissions at $7/trade, but I've found very little I like about them otherwise. I haven't used them for a while, but last I knew it was difficult to short anything, and the site was very slow and less intuitive than any others I've used.
Now it has been more than a week since I hand delivered a check to them. Still pending. It took them four days just to deliver the check to my bank. Pretty frustrating to watch trading opportunities come and go as they decide whether to actually start paying them or not.
Funny, when I handed the check over to the kid at the front desk, he said "you'll see it tomorrow", to which I was pretty surprised. I asked if he meant it would just show up pending, or cleared and available. He said it would be available to trade. I had my doubts, but I figured maybe they allowed a customer to trade on those funds before they were cleared in a margin account. Nope. It showed up right on time, but as pending funds and I could not use them. No different than today, 8 days later.
Now it has been more than a week since I hand delivered a check to them. Still pending. It took them four days just to deliver the check to my bank. Pretty frustrating to watch trading opportunities come and go as they decide whether to actually start paying them or not.
Funny, when I handed the check over to the kid at the front desk, he said "you'll see it tomorrow", to which I was pretty surprised. I asked if he meant it would just show up pending, or cleared and available. He said it would be available to trade. I had my doubts, but I figured maybe they allowed a customer to trade on those funds before they were cleared in a margin account. Nope. It showed up right on time, but as pending funds and I could not use them. No different than today, 8 days later.

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